KTR unveils the new body of Events Industry— Telangana Chamber of Events Industry(TCEI) The events industry in the Telangana state is estimated at about Rs 300 crores plus TCEI is first of its kind of a body of Event Industry, which no other state in India can boast of KTR heeds to the request of Event Industry for Single Window Clearance for their Events and announces that T Government is too happy to do so. KTR to facilitate a Joint Meeting of Event Industry and Police for a Event Friendly Policing to encourage Event Industry in the state Hyderabad Habitat Centre (HHC) at Khanamet to come at with cost outlay of Rs 100 crore: KTR Event Industry in Hyderabad grew by 800% in the last five years: Mr. Neeraj Thakur, General Secretary of TCEI Hyderabad, August 27, 2014…Telangana Chamber of Events Industry,TCEI, a new body formed. A not-for-profit organization, this industrial body comprises of six industry sub sectors viz., Events, Sound, Light & Video,Facilitators, Event Caterers, Event Venue, Entertainers etc.. TCEI, the new body formed was formally launched by Mr. K.T.Rama Rao, Minister for IT and Panchayat Raj- Government of Telangana in a function held today in a city hotel. Mr. Jayesh Ranjan, MD, TSIIC, Govt. of Telangana also graced the launch function along with Ms. Poonam Kaur, Film Actress. Speaking on the occasion Mr. K. T. Rama Rao said indeed it is a great sign that Event Industry which is so far was organized is organizing into a professional body. This makes easy for government to interact with the industry. For any industry to grow you need an industrial body. Which I am happy TCEI formed. It is the first of its kind of a body in India. It is a wonderful iniative, he said and added that if you are unorganized, we have a problem. There are many countries like Singapore, Malaysia etc are thriving on Tourism and Hospitality. We can not just relay in BT, IT Secotors. We need combination of all, he opined. We want to see many Global Events happening in city. The recently launched initiative, Happening Hyderabad coordinated by IdentCity along with Tourism has been getting overwhelming response. We were just lookin at 52 events for 52 weeks. Now the IndentCity has lined up 157 events. Even Badminton League, Kabaddi Leave are also wanted to be part of the Hppening Hyderabad initiative, KTR said. I am also keeping my fingers crossed that a big event management company is also planning to host South India Film Awards function in Hyderabad for next three years he said. Responding to the one of the four wishes of the Event Industry about land for Event City, KTR said The T Government is coming out on the lines of New Delhi’s Indian Habitat Centre, a Hyderabad Habitat Centre (HHC) at Khanamet in the city to promote the art and heritage of the city and the region. This will be coming up at a Cost Outlay of Rs 100crore. This will address your request of Event City, he said. The T Government is committed in Decongesting Hyderabad by coming up with various clusters for the growth of the city. As part of this Cities for Pharma, Film, Games, Sports are planned he said. Mr. Neeraj Thakure, while explaining essence of formation of TCEI and way forward said Telengana is a happening land. There is no dearth of good venues. What we have done is tried to integrate all of them for common good in the industry. We want Telangana to be the Eventful State. Volunteered to extend full support to the Happening Hyderabad initiative. Neeraj has also putward the narrowed list of 4 wishes of the industry. 1. Event Friendly Police Force in the city in terms of traffic management, 2. Requested for Single Window Clearance for Events, 3. Urged Government to rescue them from Double Taxation and finally urged the state to create a Event City in and around Hyderabad city like the one in Hogkong. For these four wishes KTR responded favourably for four of them expressed his inability to intervene in tax related matters as state expects more revenue. In conclusion, Neeraj opined that the day is not far off to see Hyderabad the Events Capital and Conventions Capital in the country. Neeraj also informed that Event Industry in the state grew by more than 800% in the last five years. Surath Sigh Malhotra, President of TECI welcomed the gathering said The Event Industry in India which was 800 crore has now grew upto Rs 5000 crore in 2014. He estimated the size of Telangana industry to be more than Rs 300 crore. Jayesh Ranjan said Hyderabad is already the Convention Capital of India because of the Convention infrastructure here and no city in the country can boast of Rakhi Kankaria, Vice President explained about the thought process behind the formation of the logo of TCEI. Poonam Kaur said along with the grow of the Event Industry, the job opportunities will also grow up, she said. TCEI is formed by the representatives of various stakeholders in the event and entertainment industry based in Telangana. It is an umbrella organization of event management, wedding planners, exhibitions, entertainment, sound /light/video, production, caterers, entertainers and other facilitators. It will be the first of its kind industry body across the nation and the very first of its kind initiated in the state of Telangana, that will mainly act as an interface between its member associations and various government departments informed Mr. Surat Singh Malhotra, President of the Chamber. Our vision is to improve the economic environment and quality of event business in Telangana by providing value for our members as the most respected and relevant voice of the business community. Our aim is to PROMOTE, PROTECT AND PROPOGATE Events Industry in the nascent state of Telangana. If Telangana rocks, we will also be rocking. The progress is only possible together as each achieves more said Ms.Rakhi Kankaria ,Director Rachnoutsav Events. The key focus areas of TCEI are to strengthen and grow membership, support economic development initiatives of the state and be the Voice of the industry and community. The New Body-TCEIunder its fold will have 6 Associations viz., Telangana Event Managers Association-TEMA Telangana Sound Light Video Association -TSLVA Telangana Facilitators Association- TFA Telangana Event Caterers Association-TECA Telangana Event Venues Association-TEVA Telangana Entertainers Association-TEA Total number of members in all the above associations is estimated to be around 1500; Informed Mr.NeerajThakur,Director, Expresso Hospitality and Secretary of The Chamber while addressing the gathering, immediately after its launch on Wednesday here in a city hotel. Is there a need for such a body? Yes, by all means. Any industry to mature into a full fledged industry, we need a Professional Body, Skill Development and Education to help build a strong resource base and Research. It will give an identity and also bond the fraternity as one family and at the same time ensure competitiveness on a global platform. This should have been initiated long ago. But, nevertheless, it is taking a final shape now, thanks to the efforts of every one. The body will serve for professional growth along with the changing times, trends and bring in technological advantages and knowledge will be shared and professionalism ensured. Hyderabad being the major MICE (Meetings, Incentives, Conventions and Exhibitions) Destination and boasting of the infrastructure which not many cities in the country can boast of, and the presence of major corporate players in the city, our state of Telangana is today poised for major growth and it definitely needs a professional body to create multiple platforms for the trajectory growth. TCEI, is a win -win for both the industry and their customers. The body can be interface between the industry and the government as well and maximize the growth potential. Nationally, it is estimated that the Event Industry has grown from Rs.800 crores in 2008 to Rs.5000 crores in 2014 in the organized sector i.e., 600% increase in 5 years. The size of this industry in the state of Telangana is estimated at about Rs.300 crores annually, majority of it coming from Hyderabad. It is also estimated that the unorganized sector comprises of 60% of the industry size. Events and brand activations market is growing rapidly with every established company both national and multinational brands increasing budgets to explore more and more semi-urban and rural markets. Often you find agencies from outside the state operating in this sector. Organized companies in this BTL sphere can get rich dividends. The initial response to this initiative has been overwhelming. A steering committee has been formed to drive this pioneering initiative. It is now planning to hold its first conclave in a couple of weeks at Hyderabad.